secwatch.observer — SEC 8-K summary
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Issuer:     FDCTECH, INC. (FDCT)
CIK:        0001722731
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001493152-23-028102
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FDCTech Q2 net income $922k vs loss year ago; tech revenue up 239%
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- Total revenue $1.77M, up 16% YoY; tech revenue $301k, up 239% YoY.
- Net income for Q2 2023 of $922k compared to net loss of $381k in Q2 2022.
- Six-month net income $685k vs loss $785k; gain on bargain purchase of Alchemy Markets helped.
- Cash on hand $127k as of June 30, 2023, down from $265k at Dec 31, 2022.
- Company expects to add revenues from Alchemy Markets acquisition in H2 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722731/000149315223028102/0001493152-23-028102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722731/000149315223028102/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-028102

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer